It is important that we have some basic knowledge about income and wealth over time.
#1 The Color of Wealth
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Which racial group has negative wealth? and to what degree? |
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#2 Racial Wealth Gap
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White Americans have 22 times more wealth than blacks -- a gap that nearly doubled during the Great Recession.The
median household net worth for whites was $110,729 in 2010, versus
$4,995 for blacks, according to recently released Census Bureau figures (2012) |
#3 Income Gain changes 1979 to 2009
The point with this graph is two fold. The income gap between middle and low-income households is huge AND this gap in US society has become greater in the past 20 years.
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